ve dropped. Resumption of mining and hydrocarbon
activities is not around the corner, thus leaving only tourism with
some potential for the near future. The public sector, i.e., the
central government and its commercial entities and the
municipalities, plays a dominant role in Greenland, accounting for
about two-thirds of total employment. About half the government's
revenues come from grants from the Danish Government, an important
supplement of GDP.
GDP: purchasing power parity - $892 million (1995 est.)
GDP real growth rate: NA%
GDP per capita: $15,500 (1995 est.)
GDP composition by sector:
agriculture: NA%
industry: NA%
services: NA%
Inflation rate (consumer prices): 1.3% (1993 est.)
Labor force: 22,800
Unemployment rate: 6.6% (1993 est.)
Budget:
revenues: $667 million
expenditures: $635 million, including capital expenditures of $103.8
million (1993 est.)
Industries: fish processing (mainly shrimp), lead, zinc,
handicrafts, small shipyards
Industrial production growth rate: NA%
Electricity:
capacity: 84,000 kW
production: 210 million kWh
consumption per capita: 3,361 kWh (1993)
Agriculture: forage crops, small garden vegetables; sheep; 1988
fish catch of 133,500 metric tons
Exports: $330.5 million (f.o.b., 1993 est.)
commodities: fish and fish products 95%
partners: Denmark 79%, Benelux 9%, Germany 5%
Imports: $369.6 million (c.i.f., 1993 est.)
commodities: manufactured goods 28%, machinery and transport
equipment 24%, food and live animals 12.4%, petroleum products 12%
partners: Denmark 65%, Norway 8.8%, US 4.6%, Germany 3.8%, Japan
3.8%, Sweden 2.4%
External debt: $297.1 million (1993)
Economic aid:
recipient: ODA, $NA
note: substantial annual subsidy from Denmark
Currency: 1 Danish krone (DKr) = 100 oere
Exchange rates: Danish kroner (DKr) per US$1 - 5.652 (January
1996), 5.602 (1995), 6.361 (1994), 6.484 (1993), 6.036 (1992), 6.396
(1991)
Fiscal year: calendar year
Transportation
--------------
Railways: 0 km
Highways:
total: 150 km
paved: 60 km
unpaved: 90 km
Ports: Faeringehavn, Frederikshaab, Holsteinsborg, Nanortalik,
Narsaq, Nuuk (Godthaab), Sondre Stromfjord
Merchant marine:
total: 1 short-sea passenger (1,000 GRT or over) totaling 2,162
GRT/610 DWT (1995 est.)
Airports:
total: 8
with paved runways over 3 047 m: 1
with paved runways 2 438 to 3 047 m: 1
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